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RE: The Hard Data and Musicoin Pilot Program Report

in #cryptocurrency7 years ago

Super to read you had some great results. I got to musicoin through your campaign, so I'm one of those you got in! :)

I really like platforms that try to create a different way for music artists to connect to their audience and fans, as well as market their music. I however do not really believe in the model of pay-per-streamed-track. That is where I think these music platforms need to change to the more common model of: 1) pay-per-track-download or 2) pay-per-unlimited-stream-per-day/month/year. The models of iTunes/Spotify/Beatport and others, but then without all the overhead costs of the traditional industry, by default. Next to that, service like promotions and publishing on different media shall be offered to the artists as well. Most of the artists that earn their living with music, will not easily give up the power of the music companies, they have the networks, they have the contacts, not the artists. An artist can be super good, but without a network, generally that artist stays unknown.

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Hi @qsounds Musicoin is moving towards a new model called UBI, where the listener no longer pays for streaming, it is paid via the miners. So your wish is coming true! :-) But you are correct about the networks and connections. With a new currency in place though, perhaps a new network can emerge.

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